Preston, Lancashire, CITY CENTRE RETAIL / RESIDENTIAL

Garside Waddingham

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· Joined: Feb 17, 2011

£240,000

Preston, Lancashire, CITY CENTRE RETAIL / RESIDENTIAL

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Preston, Lancashire, CITY CENTRE RETAIL / RESIDENTIAL in Preston LAN is a Retail Property for Sale

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Price:

£240,000 Get Prequalified Today

Contact:

01772 883188

Location:

Preston, Lancs

Description:

CITY CENTRE RETAIL / RESIDENTIAL INVESTMENT PROPERTY

Mid-terraced three-storey property split to provide lock-up retail unit with cellar accommodation, first and second floor letting rooms with communal facilities and separate rear maisonette with car parking space. The building is of traditional construction but is in need of some upgrading and refitting. The premises offered comprises of 22 Cannon Street and 34 New Cock Yard.
Location
The property offers a city centre location amid a well established retail / commercial location just off Fishergate and close to Winckley Square. This is a favourable location suitable for a variety of retail and allied uses, but also boasts an ideal position for the residential accommodation in terms of city centre amenities and facilities.

For identification purposes only, the position is more particularly indicated on the location plan attached.
Accommodation
Split into three distinct units

LOCK UP RETAIL UNIT...

GROUND FLOOR: Front Sales Area (20 sq m / 215 sq ft); Central Sales Area (12.5 sq m / 134 sq ft); Lower Level Rear Sales Area (15 sq m / 161 sq ft) Access to Two Cellar Storerooms (30 sq m / 322 sq ft)

UPPER FLOOR LETTING ACCOMMODATION...

GROUND FLOOR: Separate Entrance Vestibule & Stairway up to

FIRST FLOOR: Landing; Front Letting Bedroom 1; Front Letting Bedroom 2; Communal Dining Area through to Communal Kitchen

SECOND FLOOR: Landing; Front Letting Bedroom 3; Front Letting Bedroom 4; Communal Bathroom / WC; Separate Washroom / WC; Rear Storeroom / Occasional Bedroom

SEPARATE REAR MAISONETTE (34 NEW COCK YARD, PR1 3LD)...

GROUND FLOOR: Rear Entrance Vestibule & Stairway up to

FIRST FLOOR: Front Bedroom 1; Shower Room / WC; Rear Bedroom 2; Stairs up to

SECOND FLOOR: Small Breakfast Area through to Kitchen; Washroom / WC; Rear Lounge with Juliet balcony facility

EXTERNAL: The small rear yard currently provides one car parking space with potential for another and / or creation of separate access to cellar accommodation.
Services
Mains gas, electricity and water are connected and drainage is to the main public sewer. The property has a gas-fired central heating system installed fired by a wall-mounted 'Alpha' combination boiler that serves the building in total. There is a fire alarm to the first and second floor letting accommodation.
Rating Assessment
COMMERCIAL: The property is understood to have a Rateable Value of 8,500 with rates payable estimated to be 3,655.

RESIDENTIAL: The residential accommodation is believed to be assessed for Council Tax purposes as band A.
Planning
It is believed that the premises have existing use under class A1 (shops) of the Use Classes Order 2005. The premises may be suitable for A2, A3 and possibly A5 usage, subject to the necessary Planning Consent.

It is assumed that the residential accommodation has classifications under Use Class C1 (hotels) / C3 (dwelling houses).

Interested parties must make their own enquiries to Preston City Council planning department 01772 906581.
Tenure
The property is believed to be Freehold but this must be checked by the prospective purchaser's legal advisors.
Purchase Price
240,000

All prices quoted are exclusive of, but may be subject to, VAT at the standard rate.
Plans & Photographs
Photographs and plans are provided specifically for illustration and identification purposes only. They are not to scale and should therefore not be relied upon by interested parties.
Viewings
Strictly by appointment with the agents, Garside Waddingham 01772 201117.

These details, whilst believed to be correct, do not form any part of an offer or contract. Purchasers should not rely on them as statements or representation of fact. No person in this firms employment has authority to make or give any representation or warrenty in respect of the property. No appliances or installations have been tested. All measurements are approximate.

Property Type:

Retail Property for Sale

Sq feet:

322 sq. ft.

Amenities:

Storage

For sale by:

Agent/Broker

Phone:

01772 883188

Posted:

April 12 2011 on Facebook